The traffic signal will be dark, and Lee County Sheriffs Office will be directing traffic. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Striping Maintenance: Lee County DOT will be performing a moving operation with traffic delays on 2-16-23 through 2-22-23 between the hours of 9:00 a.m. to 4:00 p.m. (weather permitting) on the following roadways: . About Cleveland Avenue, LLC. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Informed by deep industry intelligence, we bring insight and . Get the full list, Youre viewing 5 of 241 co-investor. The firm provides resources and expertise to support remarkable companies and the people behind them. Gunnery Road Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. current Chief Financial Officer, Chief Investment Officer, Keith Kravcik, CBI websites generally use certain cookies to enable better interactions with. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. Win whats next. CHICAGO, IL (March 3, 2021)- Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.com|. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Bonita Beach Road at US HWY 41 Bonita Springs (ROW2023-00205): Tierra, Inc. will be performing roadway pavement cores beginning Monday, February 27, 2023 and continue through Friday, March 3, 2023. Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in New York City, New York), and Somrus (a line of Indian flavoured liqueurs). Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. Description. Turn lanes are currently unavailable at Wild Blue Boulevard, Cypress Shadows Boulevard (The Preserve at Corkscrew), Midnight Blue Boulevard, and Bella Terra Boulevard (eastbound right-turn lane). Ventoux is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Gladiolus Drive from A + W Bulb Road to Bass Road; Bass Road from Gladiolus Road to Park Royal Drive (Permit ROW2022-00230): Pike Electric will be working on the overhead power lines. The one-lane road operations are estimated to continue through the end of March 2023. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. 9500 Euclid Avenue; Cleveland, OH 44195; United States +1 (800) 000-0000. After having served as President of World Business Chicago, Zopp is applying her mix of corporate, civic, and social impact experiences to support these promising entrepreneurs. Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. Estimated completion is late 2023. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. Presto, Cleveland Avenue, and Ventoux are the perfect partners for this next chapter in the public markets given our joint focus on transforming the restaurant industry using the best next-generation technology, said Krishna K. Gupta, Chairman of Presto and CEO of Remus Capital. Cleveland Avenue is an American food investor, backing seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Materials and information on this website are proprietary in nature belonging to Cleveland Avenue and may only be reproduced in their entirety (without modification) for the individual reader's personal or educational use and must include this notice of our proprietary interest and the prohibition of reproduction. Please use caution when traveling through the project. Sidewalk closure at Crystal Drive and 12270 Metro Parkway: Continued sidewalk closure approximately 100, February 6 through February 10, 2023 03 or Start Free Trial . Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color., Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. Frerichs office protects consumers by safeguarding more than $3.5 billion in unclaimed property, encouraging savings plans for college or trade school, increasing financial education among all ages, assisting people with disabilities save without losing government benefits, and removing barriers to a secure retirement. At the end of February 2023, crews with then open the roadway to two-way traffic while they install drainage pipe and make improvements from Gary Road south to near Bonita Beach Road. Materials and information on this website are proprietary in nature belonging to Cleveland Avenue and may only be reproduced in their entirety (without modification) for the individual reader's personal or educational use and must include this notice of our proprietary interest and the prohibition of reproduction. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. About us. Cleveland Avenue has 4 portfolio exits. The Cleveland Avenue State Treasurer Urban Success Initiative (CAST US) intends to leverage the investment and entrepreneurial development expertise of Cleveland Avenue to support historically underserved entrepreneurs. Illinois Growth and Innovation Fund(ILGIF). media@presto.com For further questions, please visit the project website at http://corkscrewroadwidening.com or contact Jennifer Dorning by email at Jennifer.Dorning@atkinsglobal.com or by phone at (239) 338-7723. 1. Area Wide Protective will be providing MOT services. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). This project consists of widening Burnt Store Road to four lanes. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. By continuing to use this site you are consenting to these choices. Corporate Venture Capital; Martin Luther King Jr. Boulevard. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. . Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Accel/Decel Lane, Catch Basin/Culvert Pipe, Curb & Gutter, Sidewalk, Single Entrance, Turn Lane, and Asphalt Pavement improvements will be performed between Lee Road and Domestic Avenue. VTAQ began trading on the Nasdaq on December 23, 2020 following its initial public offering. Presto overlays next-gen digital solutions onto the physical world. Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. Your communication with us through this website is not privileged or confidential, unless a client relationship has otherwise been established between us and such communication is protected under applicable law. The project will be constructed in three segments. We celebrated Jason Ritter with a little team lunch at Cleveland Avenue's Taste 222. The projected start date is September 19, 2022. lane traveling westbound on Alico Road. The information is general in nature and does not constitute advice. Your communication with us through this website is not privileged or confidential, unless a client relationship has otherwise been established between us and such communication is protected under applicable law. to east on Joel Blvd. Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. We do this by making targeted investments with venture capital (VC), growth equity and private venture debt firms with a nexus to the State of Illinois. All information set forth herein speaks only as of the date hereof in the case of information about Ventoux and Presto or the date of such information in the case of information from persons other than Ventoux and Presto, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Thanks to Don and Liz, we are thrilled to be able to invest in talented, promising ventures like AYO Foods, Every Body Eat, 86 Repairs, LiftUp Enterprises, DrugViu, Inc., and Gray Matter Analytics through the CAST US fund, said investors Mark and Kimbra Walter. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Please be patient as travel may be slower than usual. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. Rocketreach finds email, phone & social media for 450M+ professionals. Bonita Beach Road, Bonita Springs (ROW2021-00508): Irby Construction will be replacing poles down Bonita Beach Rd for Florida Power and Light beginning February 6, 2023 through March 6, 2023. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Andrew Hayes The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. Crews will be replacing the signal. Entrepreneurship is one of the surest ways to closing the racial wealth gap, added Dr. Helene D. Gayle, President, and CEO of The Chicago Community Trust. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. Get the full list, To view Cleveland Avenues complete exits history, request access, Youre viewing 5 of 26 team members. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. All Rights Reserved. That same guidance has also inspired the formation of M7 Holdings, a family investment office that brings together Manna's work in private equity, venture capital and real estate development plus a charitable foundation that's in the works under one . For further information, please contact John Dalton at (239) 898-7853. Sanibel Causeway Emergency Restoration: As a part of the Florida Department of Transportations (FDOT) Emergency Restoration of the Sanibel Causeway, crews continue work on McGregor Boulevard and the Sanibel Causeway from Port Comfort Road to Sanibel Island. Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in New York City, New York), and Somrus (a line of Indian flavoured liqueurs). You can read more about your. Very incredibly proud of you and your next step Jason. Cleveland Avenue serves customers in . The said section of road will be subject to a lane closures with flaggers beginning November 28, 2022 through March 31, 2023 from 7:00 PM through 6:00 AM. Call (844) 417-2688 with any questions. intersection will be closed to all through traffic beginning Monday February 20, 2023 for repairs. For further information you can contact Jessie Culpepper at 239-913-9127. Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road: Lee County DOT will be performing repairs to the Qwick Curb along the centerline of Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road. Launched in 2016, Benefit Chicago is a collaboration between the John D. and Catherine T. MacArthur Foundation, The Chicago Community Trust, and Calvert Impact Capital. ACME Barricades will provide maintenance of traffic services (239) 479-5266. After a lifetime empowering entrepreneurs and setting the stage to substantially advance more Black, Latinx, and women-owned businesses on the South and West Side of Chicago, Im beyond excited to work alongside Don, Liz, and the entire Cleveland Avenue team to support more inclusive investments, economic development, and job creation in our community.. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. Flaggers will assist motorists when necessary. The information is general in nature and does not constitute advice. For further information, please contact Eli Enders at (239) 433-3000. CHICAGO, IL (March 3, 2021) - Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicago's South and West Side neighborhoods. IMPERIAL SHORES Boulevard Bonita Springs FL ROW2022-00816 Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. By Staff | Feb 23, 2023 CORKSCREW ROAD (ROW2021-00003): Mastec will be working on the power line along the east bound lane of Corkscrew Road, approximately 100 ft east of Three Oaks Parkway, and will require an eastbound lane closure starting on Monday, January 30, 2023 and pole will be completed by Friday, February 10, 2023. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Southbound will be detoured from Bell Blvd. Thanks to Don and Liz, we are thrilled to be able to invest in talented, promising ventures like AYO Foods, Every Body Eat, 86 Repairs, LiftUp Enterprises, DrugViu, Inc., and Gray Matter Analytics through the CAST US fund, said investors Mark and Kimbra Walter. Cleveland Avenue LLC operates as a venture capital investment company. World Business Chicago's annual venture summit expands to food innovation, May 25-26, 2022; Over 400 founders, innovators, and investors, will meet to discuss why Chicago is a global food . For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Founded by Don and Liz Thompson, Cleveland Avenue is a privately-held venture capital firm that accelerates and strategically invests in innovative food, beverage, and restaurant concepts and emerging brands. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Then install the water main on the south side of Crystal Drive from Plantation Road to US 41 to tie into a connection point on the east side of US 41 just south of Crystal Drive. Investment Stage Early Stage Venture. Each segment will have most of the construction completed prior to moving to the next segment. The work to complete this change will include installation of Qwick Curb along the centerline of Westgate Boulevard, as well as signing and pavement marking modifications, as needed, to restrict the eastbound and westbound movements to only right turns in and out at the intersection. Investor Type Accelerator, Venture Capital. For questions, please Contact Rob Radford (239) 229-5980. North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. Weather may affect start times and dates. The Cleveland Avenue State Treasurer Urban Success Initiative (CAST US) intends to leverage the investment and entrepreneurial development expertise of Cleveland Avenue to support historically underserved entrepreneurs. All rights reserved. The investment approach is cautious to ensure the preservation of capital. Real Times Media. All rights reserved. The restoration efforts are part of a new underground utility improvements project for Lee County. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. In the greater Chicagoland area, Black and Latinx entrepreneurs have 80 percent of their equity capital needs going unmet compared to 46 percent of white business owners, according to a recent study by the consulting firm Next Street. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. Bridge Maintenance Southbound lane along Nalle Road will be subject to temporary daily lane closures. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. This is anticipated to be completed by the end of March 2023. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. Area Wide Protective will be providing MOT services. Summerlin Road from Bass Road to John Morris Rd (ROW2022-00185): Andrew Sitework LLC will be performing sidewalk replacement, landscaping, Grading and sodding, and irrigation improvements along Summerlin Road from Just east of Bass Road going West to John Morris Road. Continued sidewalk closure approximately 100, February 20 through February 25, 2023 Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. Motorists should be aware of vehicles entering/exiting the road in this area. For all other questions please call general foreman Denny Spencer (239)810-9071. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. Work will be done between the hours of 8:00 PM 4:00 AM. We have curated a list of the top Cleveland Venture Capitalists (VC). Media: Their latest investment was in Zerocater as part of their Series C on February 2, 2023. Pine Island Emergency Repairs- Between 4274 and 4120 Pine Island Road: Starting Wednesday February 22nd through Friday March 3rd motorists should expect temporary lane closures with flaggers between 7:00 PM and 5:00 AM while conducting underground construction. Established by Illinois Treasurer Frerichs, the Illinois Growth and Innovation Fund (ILGIF) is an evergreen, $1 billion impact investment fund that will invest in ways to attract, assist and retain quality technology-enabled businesses in Illinois. ACME Barricades will provide maintenance of traffic services (954) 321-3587. Advice from the late founder of Columbus' Worthington Industries has shaped Tony Manna's approach to business throughout his career. Starting on April 2023 and continuing through May of 2023, crews will resume construction from Little Hickory working their way north to Esplanade Drive. It is estimated that this detour will remain in place until the end of December 2022 until the new underground drainage is installed up to Pine Lake Rd. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. This feature is in beta and may change with future updates. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Crews continue work on the 10-foot-high fence that will be used to funnel the wildlife to cross safely under Corkscrew Road. Fueling the success of Black, Latinx, and women entrepreneurs by investing in CAST US is a powerful opportunity to fight racial injustice and build a more equitable future in Chicago, said John Palfrey, president of the John D. and Catherine T. MacArthur Foundation,which is supporting a $10 million investment in CAST US through its Benefit Chicago collaboration withThe Chicago Community Trust, Calvert Impact Capital, and other impact investors. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive When Don Thompson stepped down from his role as the first Black CEO at McDonald's in 2015, he launched Cleveland Avenue, a Chicago-based venture capital firm that has invested millions in fast . Starting on January 9, 2023, and continuing through the end of February 2023, Imperial Shores Boulevard will be closed between Gary Road and Pine Lake Road while crews install two (2) large drainage structures with pipe crossing the road and install drainage pipe up too Little Hickory Drive. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. Copyright 2023 Cleveland Avenue, LLC. Copyright 2023 Cleveland Avenue, LLC. Motorists should use caution while driving in the area. Area Wide Protective will be providing MOT services. Cleveland Avenue has made 43 investments. brian@andrewssitework.com. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. When available, these documents can be obtained free of charge from the sources indicated above. For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. Presto welcomes Cleveland Avenue to our investor syndicate - we could not have found more aligned and strategic investors. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. The documents filed or that will be filed with the SEC relating to the proposed business combination (when they are available) can be obtained free of charge from the SECs website at www.sec.gov. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. The projected start date is January 30, 2023. RESCHEDULED: During the nighttime/overnight hours on Thursday, February 23, motorists are urged to plan extra time when using the Stoneybrook Golf Drive intersection. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Crews will be installing light poles along the north and south side the road as well as landscaping and irrigation improvements in the median. It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. Crews will be replacing the signal.